Aerospace Employees Retirement Plan
Frequently Asked Questions

Q) Does my pension check ever change?
A) Yes, your monthly pension amount will change every year subject to a Cost of Living Increase (if applicable) and a change in the Variable/Alternate Variable or Portfolio A unit value.

Q) Who should I contact if my check is late?
A) You may contact Northern Trust at (800) 749-2206 or Employee Benefits at (800) 458-3892. Checks may be stopped and reissued five working days after the 1st of the month.

Q) How do I change my bank or account for an electronic deposit?
A) You may call Northern Trust at (800) 749-2206 or Employee Benefits at (800) 458-3892 for a new electronic deposit form.

Q) Can I change my annuity option after retirement?
A) No, you may not change your annuity option after retirement.

Q) I am moving, can I change my address over the phone?
A) No, you must change your address in writing. Changes of address can be sent directly to Employee Benefits.

Q) Can I change my Federal or State tax-withholding in mid-year?
A) Yes, you can change your withholding by completing a tax withholding form and mailing it to Employee Benefits. Changes received before the 10th of the month will be reflected in the next months pension check. Changes received after the 10th of the month may not be processed until the following month.

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